A takeover sure is a risk as the copper price increases and with our increasing resource.
However I think the board will drive a hard bargain. During the last commodity boom some of the takeovers sub $250 mill companies involved multiples of 2-5 times and from recollection in one case 7 times.
We are in a pretty good position I think! It’s cheap and I’ve been adding.
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Last
30.0¢ |
Change
-0.020(6.25%) |
Mkt cap ! $215.5M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 30.5¢ | 30.0¢ | $349.1K | 1.154M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 750151 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 92775 | 19 |
View Market Depth
| Last trade - 11.03am 30/06/2025 (20 minute delay) ? |
| A1M (ASX) Chart |